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Oxfam: 85 Wealthiest Own as Much as That of Half the World's Population

The human rights group Oxfam says the wealth of the world's 85 richest people equals that of the poorer half of the more than 7 billion people in the world.Oxfam released a study on global inequality on Monday, ahead of a meeting this week of government and business leaders at the World Economic Forum in Davos, Switzerland.A co-author of the report, Nick Galasso, tells VOA that wealthy elites have used their political power to get lower tax rates, hide wealth offshore, and otherwise...

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